EQUINOR ASA-SPON ADR (EQNR) Stock Fundamental Analysis

NYSE:EQNR • US29446M1027

28.1 USD
+0.49 (+1.77%)
At close: Feb 13, 2026
28.1 USD
0 (0%)
After Hours: 2/13/2026, 8:05:27 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Taking everything into account, EQNR scores 5 out of 10 in our fundamental rating. EQNR was compared to 206 industry peers in the Oil, Gas & Consumable Fuels industry. EQNR has an average financial health and profitability rating. EQNR has a bad growth rate and is valued cheaply.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year EQNR was profitable.
  • In the past year EQNR had a positive cash flow from operations.
  • EQNR had positive earnings in each of the past 5 years.
  • Each year in the past 5 years EQNR had a positive operating cash flow.
EQNR Yearly Net Income VS EBIT VS OCF VS FCFEQNR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20B 40B 60B

1.2 Ratios

  • EQNR's Return On Assets of 3.83% is in line compared to the rest of the industry. EQNR outperforms 54.85% of its industry peers.
  • EQNR has a better Return On Equity (12.48%) than 70.39% of its industry peers.
  • EQNR has a Return On Invested Capital of 21.37%. This is amongst the best in the industry. EQNR outperforms 97.09% of its industry peers.
Industry RankSector Rank
ROA 3.83%
ROE 12.48%
ROIC 21.37%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
EQNR Yearly ROA, ROE, ROICEQNR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40

1.3 Margins

  • The Profit Margin of EQNR (4.77%) is comparable to the rest of the industry.
  • In the last couple of years the Profit Margin of EQNR has declined.
  • The Operating Margin of EQNR (25.85%) is better than 66.50% of its industry peers.
  • EQNR's Operating Margin has improved in the last couple of years.
  • The Gross Margin of EQNR (47.87%) is comparable to the rest of the industry.
  • EQNR's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 25.85%
PM (TTM) 4.77%
GM 47.87%
OM growth 3Y-19.71%
OM growth 5Y27.45%
PM growth 3Y-37.26%
PM growth 5YN/A
GM growth 3Y-9.17%
GM growth 5Y-2.43%
EQNR Yearly Profit, Operating, Gross MarginsEQNR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so EQNR is creating value.
  • There is no outstanding debt for EQNR. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
EQNR Yearly Shares OutstandingEQNR Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B
EQNR Yearly Total Debt VS Total AssetsEQNR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B

2.2 Solvency

  • The Debt to FCF ratio of EQNR is 5.22, which is a neutral value as it means it would take EQNR, 5.22 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 5.22, EQNR is doing good in the industry, outperforming 65.05% of the companies in the same industry.
  • A Debt/Equity ratio of 0.64 indicates that EQNR is somewhat dependend on debt financing.
  • EQNR has a Debt to Equity ratio (0.64) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.64
Debt/FCF 5.22
Altman-Z N/A
ROIC/WACC2.79
WACC7.67%
EQNR Yearly LT Debt VS Equity VS FCFEQNR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10B 20B 30B 40B 50B

2.3 Liquidity

  • A Current Ratio of 1.24 indicates that EQNR should not have too much problems paying its short term obligations.
  • With a Current ratio value of 1.24, EQNR perfoms like the industry average, outperforming 54.37% of the companies in the same industry.
  • A Quick Ratio of 1.13 indicates that EQNR should not have too much problems paying its short term obligations.
  • EQNR's Quick ratio of 1.13 is in line compared to the rest of the industry. EQNR outperforms 56.80% of its industry peers.
Industry RankSector Rank
Current Ratio 1.24
Quick Ratio 1.13
EQNR Yearly Current Assets VS Current LiabilitesEQNR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • EQNR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -22.98%.
  • The Earnings Per Share has been growing by 54.69% on average over the past years. This is a very strong growth
  • Looking at the last year, EQNR shows a small growth in Revenue. The Revenue has grown by 3.24% in the last year.
  • The Revenue has been growing by 18.26% on average over the past years. This is quite good.
EPS 1Y (TTM)-22.98%
EPS 3Y-29.61%
EPS 5Y54.69%
EPS Q2Q%28.57%
Revenue 1Y (TTM)3.24%
Revenue growth 3Y-10.78%
Revenue growth 5Y18.26%
Sales Q2Q%-4.38%

3.2 Future

  • The Earnings Per Share is expected to grow by 6.62% on average over the next years.
  • EQNR is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -6.53% yearly.
EPS Next Y11.87%
EPS Next 2Y10.2%
EPS Next 3Y8.24%
EPS Next 5Y6.62%
Revenue Next Year-9.15%
Revenue Next 2Y-4.1%
Revenue Next 3Y-6.53%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
EQNR Yearly Revenue VS EstimatesEQNR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 50B 100B 150B
EQNR Yearly EPS VS EstimatesEQNR Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 2 4 6

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Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 11.24, the valuation of EQNR can be described as reasonable.
  • 81.07% of the companies in the same industry are more expensive than EQNR, based on the Price/Earnings ratio.
  • Compared to an average S&P500 Price/Earnings ratio of 26.68, EQNR is valued rather cheaply.
  • Based on the Price/Forward Earnings ratio of 10.04, the valuation of EQNR can be described as reasonable.
  • Based on the Price/Forward Earnings ratio, EQNR is valued cheaply inside the industry as 84.95% of the companies are valued more expensively.
  • The average S&P500 Price/Forward Earnings ratio is at 28.06. EQNR is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 11.24
Fwd PE 10.04
EQNR Price Earnings VS Forward Price EarningsEQNR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EQNR indicates a rather cheap valuation: EQNR is cheaper than 99.03% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, EQNR is valued a bit cheaper than 77.18% of the companies in the same industry.
Industry RankSector Rank
P/FCF 11.74
EV/EBITDA 1.7
EQNR Per share dataEQNR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.95
PEG (5Y)0.21
EPS Next 2Y10.2%
EPS Next 3Y8.24%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 5.50%, EQNR is a good candidate for dividend investing.
  • EQNR's Dividend Yield is a higher than the industry average which is at 3.57.
  • Compared to an average S&P500 Dividend Yield of 1.84, EQNR pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.5%

5.2 History

  • The dividend of EQNR is nicely growing with an annual growth rate of 24.62%!
  • EQNR has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)24.62%
Div Incr Years0
Div Non Decr Years0
EQNR Yearly Dividends per shareEQNR Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6

5.3 Sustainability

  • 94.98% of the earnings are spent on dividend by EQNR. This is not a sustainable payout ratio.
  • EQNR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP94.98%
EPS Next 2Y10.2%
EPS Next 3Y8.24%
EQNR Yearly Income VS Free CF VS DividendEQNR Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10B 20B
EQNR Dividend Payout.EQNR Dividend Payout, showing the Payout Ratio.EQNR Dividend Payout.PayoutRetained Earnings

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EQUINOR ASA-SPON ADR

NYSE:EQNR (2/13/2026, 8:05:27 PM)

After market: 28.1 0 (0%)

28.1

+0.49 (+1.77%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-04
Earnings (Next)05-06
Inst Owners18.36%
Inst Owner Change-97.45%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap70.15B
Revenue(TTM)105.83B
Net Income(TTM)5.04B
Analysts50.29
Price Target25.36 (-9.75%)
Short Float %3.32%
Short Ratio5.98
Dividend
Industry RankSector Rank
Dividend Yield 5.5%
Yearly Dividend3.02
Dividend Growth(5Y)24.62%
DP94.98%
Div Incr Years0
Div Non Decr Years0
Ex-Date02-17
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5.71%
Min EPS beat(2)-36.86%
Max EPS beat(2)25.44%
EPS beat(4)1
Avg EPS beat(4)-9.04%
Min EPS beat(4)-36.86%
Max EPS beat(4)25.44%
EPS beat(8)4
Avg EPS beat(8)-0.56%
EPS beat(12)6
Avg EPS beat(12)-1.17%
EPS beat(16)8
Avg EPS beat(16)1.03%
Revenue beat(2)2
Avg Revenue beat(2)16.68%
Min Revenue beat(2)10.59%
Max Revenue beat(2)22.78%
Revenue beat(4)4
Avg Revenue beat(4)13.25%
Min Revenue beat(4)8.5%
Max Revenue beat(4)22.78%
Revenue beat(8)6
Avg Revenue beat(8)6.03%
Revenue beat(12)7
Avg Revenue beat(12)1.98%
Revenue beat(16)10
Avg Revenue beat(16)0.83%
PT rev (1m)3.43%
PT rev (3m)0.08%
EPS NQ rev (1m)-8.54%
EPS NQ rev (3m)-13.32%
EPS NY rev (1m)-2.51%
EPS NY rev (3m)-6.62%
Revenue NQ rev (1m)16.04%
Revenue NQ rev (3m)15.15%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.99%
Valuation
Industry RankSector Rank
PE 11.24
Fwd PE 10.04
P/S 0.66
P/FCF 11.74
P/OCF 3.51
P/B 1.74
P/tB 2.04
EV/EBITDA 1.7
EPS(TTM)2.5
EY8.9%
EPS(NY)2.8
Fwd EY9.96%
FCF(TTM)2.39
FCFY8.52%
OCF(TTM)8
OCFY28.47%
SpS42.39
BVpS16.19
TBVpS13.81
PEG (NY)0.95
PEG (5Y)0.21
Graham Number30.18
Profitability
Industry RankSector Rank
ROA 3.83%
ROE 12.48%
ROCE 27.06%
ROIC 21.37%
ROICexc 26.43%
ROICexgc 28.5%
OM 25.85%
PM (TTM) 4.77%
GM 47.87%
FCFM 5.65%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-19.71%
OM growth 5Y27.45%
PM growth 3Y-37.26%
PM growth 5YN/A
GM growth 3Y-9.17%
GM growth 5Y-2.43%
F-Score5
Asset Turnover0.8
Health
Industry RankSector Rank
Debt/Equity 0.64
Debt/FCF 5.22
Debt/EBITDA 0.65
Cap/Depr 112.19%
Cap/Sales 13.22%
Interest Coverage 41.14
Cash Conversion 50.14%
Profit Quality 118.5%
Current Ratio 1.24
Quick Ratio 1.13
Altman-Z N/A
F-Score5
WACC7.67%
ROIC/WACC2.79
Cap/Depr(3y)111.52%
Cap/Depr(5y)107.58%
Cap/Sales(3y)11.67%
Cap/Sales(5y)9.97%
Profit Quality(3y)109.15%
Profit Quality(5y)132.47%
High Growth Momentum
Growth
EPS 1Y (TTM)-22.98%
EPS 3Y-29.61%
EPS 5Y54.69%
EPS Q2Q%28.57%
EPS Next Y11.87%
EPS Next 2Y10.2%
EPS Next 3Y8.24%
EPS Next 5Y6.62%
Revenue 1Y (TTM)3.24%
Revenue growth 3Y-10.78%
Revenue growth 5Y18.26%
Sales Q2Q%-4.38%
Revenue Next Year-9.15%
Revenue Next 2Y-4.1%
Revenue Next 3Y-6.53%
Revenue Next 5YN/A
EBIT growth 1Y-11.04%
EBIT growth 3Y-28.36%
EBIT growth 5Y50.72%
EBIT Next Year22.94%
EBIT Next 3Y5.47%
EBIT Next 5Y2.61%
FCF growth 1Y-24.66%
FCF growth 3Y-39.15%
FCF growth 5Y25.63%
OCF growth 1Y-0.69%
OCF growth 3Y-17.16%
OCF growth 5Y13.97%

EQUINOR ASA-SPON ADR / EQNR FAQ

What is the ChartMill fundamental rating of EQUINOR ASA-SPON ADR (EQNR) stock?

ChartMill assigns a fundamental rating of 5 / 10 to EQNR.


What is the valuation status of EQUINOR ASA-SPON ADR (EQNR) stock?

ChartMill assigns a valuation rating of 7 / 10 to EQUINOR ASA-SPON ADR (EQNR). This can be considered as Undervalued.


How profitable is EQUINOR ASA-SPON ADR (EQNR) stock?

EQUINOR ASA-SPON ADR (EQNR) has a profitability rating of 5 / 10.


What is the financial health of EQUINOR ASA-SPON ADR (EQNR) stock?

The financial health rating of EQUINOR ASA-SPON ADR (EQNR) is 4 / 10.


What is the expected EPS growth for EQUINOR ASA-SPON ADR (EQNR) stock?

The Earnings per Share (EPS) of EQUINOR ASA-SPON ADR (EQNR) is expected to grow by 11.87% in the next year.